Thursday, March 08, 2007

Michelle Obama Headed to NY

Move over Beyonce the real chief chick is coming to town and New York Business.com says the city can't wait.

The presidential contender’s $100-a-head fundraiser, being held this Fridaynight in Manhattan, sold out so quickly that his campaign moved it to a larger venue, the Grand Hyatt New York’s Empire State Ballroom. Tickets sales were resumed, with a new deadline of Thursday. The campaign had stopped selling tickets last week, but requests continued to roll in.

Typically, a fundraiser for a prominent candidate who appears in person would carry a minimum ticket price of far more than $100. Former New York City Mayor Rudy Giuliani, for example, has an event at the Sheraton New York Hotel & Towers on Wednesday, March 14, with a buy-in of $2,300—the most an individual can legally contribute.

But candidates will occasionally schedule low-dollar events, intended to attract and cultivate a large number of younger donors. In December 2005, Sen. Hillary Clinton sold $50 tickets to a fundraiser at Crobar on West 28th Street that both she and her husband, former President Bill Clinton, attended. Predictably, the place was a madhouse.

Mr. Obama and his wife Michelle may find a similar scene at the Grand Hyatt in midtown Friday. The event was originally to be held at The Grand, 41 East 58th St. His campaign would not divulge how many tickets have been sold.

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